The FHC Board of Trustees held a special Board of Trustees meeting on April 11, 2005 to discuss and ultimately to provide the congregation, as a whole, guidance in connection with plans concerning the renovation of the FHC building. It was decided, after spirited debate, that the Board of Trustees would present to the congregation a proposal to spend 1.25 million for renovations to be funded by $300,000 from funds obtained from the sale of the Lakeland property and that the balance would be funded by a combination of mortgage, fundraising, donations, dedications of rooms/space, etc.
It was the recommendation of the Finance Committee that the balance of funds held by FHC, approximately $700,000. should be invested for the future of FHC, possibly for the endowment of special programming and for unknown contingencies/needs of FHC.
Another alternative track was discussed wherein FHC and Yorktown Jewish Center could merge, sell their separate assets and fund the building of a new facility. This idea, excluding the merger, has been raised before and would require further review and investigation.
The input of the Congregation as a whole as to these issues is critical to the future of FHC and we should all be present at the upcoming congregational meeting and election.
Jeremy Krantz
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